NanoTech Gaming Inc (NTGL)

[abcsofhealth]

Here is a quick snapshot:
Employees MIN. 23.
Accounts payable 1st qtr ~$80k x 4 = $320k per year
Accrued expenses 1st qtr ~ $20k x 4 = $80k per year
Thats $400k per year, we have to subtract the rent FH gets $125k and the rent for HT is $55k so $400k - $180k = $220k.
Lets see $220k/23 employees ~= $10k PER EMPLOYEE, If each employee works 2080HRs per year they are paid ~ $4.80 per hr or LESS THAN minimum wage.
Another look:
With income seen as $497k and totals costs of ~$620k THATS A LOSS PER QTR OF ~$123K or 4 x $123k ~500k per year.
$500k / 23 employees = $21.7k per year or $10.43 per hr.
No matter HOW you look at it the numbers DON'T jive and this is NOT a growth company.
FH gets paid his RENT and the employee pay on the average COULD BE $10.43 to $4.80 per hr. Can you say a company that is existing to PAY FH his rent BUT going under EACH QTR.
All we need is an irrational exhuberance PUMP and the resulting POP could make some more money IF FOLKS DON'T LOOK AT THE NUMBERS TO CLOSELY. The bet is still on, Come-on FH get with the program, get the associative BS PR out there and draw in them gamblers along with the herd.
PS I am a shareholder with 2 mil left to get rid of. I won't post anymore of the FACTS (To verify this go to the report and do your own DD) as this might drive away new GAMBLERS. From now on, I will state now wonderfull this GROWTH company is, Ra Ra, to the moon.
Just my opinion!
Have a nice day!
abcs